NEW ORIENTAL EDU & TECH (EDU-NYSE): Technical Viewpoint: From a low of $66.30 on Feb 9, 2010 prices rallied, reaching a high of $79.73 on Mar 2, 2010. A decline saw prices pull back, reaching a low of $76.14 on Mar 8, 2010. Another rally saw prices penetrate resistance line "A", closing yesterday at $85.65. Technicals: MACD Index (MACD): A Buy Alert! was given on Feb 17, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $77.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Feb 2, 2010. A P&F downside reversal takes place at $82.00. Summary: Technical indicators have turned bullish. BUY! NEW ORIENTAL EDU & TECH (EDU-NYSE) @ $86.13 Stop: Use a protective stop of $83.38. NEW ORIENTAL EDU & TECH is currently trading @ $85.65 plus $3.60 on Mar 12, 2010. Price Objective: $99.50. Risk/Reward: $2.75 VS. $13.13. Today's Risk Reward Ratio: 5:1